S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  4672--A
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             February 3, 2017
                                ___________
 
 Introduced  by M. of A. M. G. MILLER, BARNWELL -- read once and referred
   to the Committee on Ways and Means -- recommitted to the Committee  on
   Ways and Means in accordance with Assembly Rule 3, sec. 2 -- committee
   discharged, bill amended, ordered reprinted as amended and recommitted
   to said committee

 AN  ACT  to  amend the tax law and the state finance law, in relation to
   gifts for the support  of  congressional  chartered  veterans  service
   organizations
 
   THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The tax law is amended by adding a  new  section  630-f  to
 read as follows:
   §  630-F.  GIFT TO THE CONGRESSIONAL CHARTERED VETERANS SERVICE ORGAN-
 IZATIONS FUND. EFFECTIVE FOR ANY TAX YEAR COMMENCING ON OR AFTER JANUARY
 FIRST, TWO THOUSAND SEVENTEEN, AN INDIVIDUAL MAY ELECT TO CONTRIBUTE  TO
 THE  CONGRESSIONAL CHARTERED VETERANS SERVICE ORGANIZATIONS FUND CREATED
 PURSUANT TO SECTION NINETY-NINE-BB OF THE  STATE  FINANCE  LAW  FOR  THE
 SUPPORT  OF  CONGRESSIONAL CHARTERED VETERANS SERVICE ORGANIZATIONS, WHO
 HELP ASSIST VETERANS IN GAINING ACCESS TO THE UNITED  STATES  DEPARTMENT
 OF  VETERANS  AFFAIRS BENEFITS AND THE NEW YORK STATE DIVISION OF VETER-
 ANS' AFFAIRS BENEFITS THEY ARE ENTITLED TO. SUCH CONTRIBUTION  SHALL  BE
 IN  ANY  WHOLE DOLLAR AMOUNT AND SHALL NOT REDUCE THE AMOUNT OF TAX OWED
 BY SUCH INDIVIDUAL. THE COMMISSIONER SHALL INCLUDE SPACE ON THE PERSONAL
 INCOME TAX RETURN TO  ENABLE  A  TAXPAYER  TO  MAKE  SUCH  CONTRIBUTION.
 NOTWITHSTANDING ANY OTHER PROVISION OF LAW, ALL REVENUE COLLECTED PURSU-
 ANT  TO THIS SECTION SHALL BE CREDITED TO THE FUND AND USED ONLY FOR THE
 PURPOSES OF THE CONGRESSIONAL CHARTERED VETERANS SERVICE ORGANIZATIONS.
   § 2. The state finance law is amended by adding a new section 99-bb to
 read as follows:
   § 99-BB. CONGRESSIONAL CHARTERED VETERANS SERVICE ORGANIZATIONS  FUND.
 1. THERE IS HEREBY CREATED IN THE JOINT CUSTODY OF THE STATE COMPTROLLER
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

                                                            LBD07273-03-8

 A. 4672--A                          2
 
 AND  THE  COMMISSIONER OF TAXATION AND FINANCE A FUND TO BE KNOWN AS THE
 "CONGRESSIONAL CHARTERED VETERANS SERVICE ORGANIZATIONS FUND".
   2.  SUCH FUND SHALL CONSIST OF ALL REVENUES RECEIVED BY THE DEPARTMENT
 OF TAXATION AND FINANCE, PURSUANT  TO  THE  PROVISIONS  OF  SECTION  SIX
 HUNDRED THIRTY-F OF THE TAX LAW AND ALL OTHER MONEYS APPROPRIATED, CRED-
 ITED,  OR  TRANSFERRED THERETO FROM ANY OTHER FUND OR SOURCE PURSUANT TO
 LAW. FOR EACH STATE FISCAL YEAR, THERE SHALL BE APPROPRIATED TO THE FUND
 BY THE STATE, IN ADDITION TO ALL OTHER MONEYS REQUIRED TO  BE  DEPOSITED
 INTO  SUCH  FUND, AN AMOUNT EQUAL TO THE AMOUNTS OF MONEYS COLLECTED AND
 DEPOSITED INTO THE FUND PURSUANT TO SECTION SIX HUNDRED THIRTY-F OF  THE
 TAX  LAW  DURING  THE PRECEDING CALENDAR YEAR, AS CERTIFIED BY THE COMP-
 TROLLER. NOTHING CONTAINED HEREIN SHALL PREVENT THE STATE FROM RECEIVING
 GRANTS, GIFTS OR BEQUESTS FOR THE PURPOSES OF THE  FUND  AS  DEFINED  IN
 THIS SECTION AND DEPOSITING THEM INTO THE FUND ACCORDING TO LAW.
   3.  MONEYS  OF  THE FUND MAY BE INVESTED BY THE STATE COMPTROLLER, AND
 INCOME FROM THE INVESTMENTS OF MONEYS DEPOSITED TO THIS FUND PURSUANT TO
 SECTION SIX HUNDRED THIRTY-F OF THE TAX LAW SHALL BE CREDITED SOLELY  TO
 THIS FUND.
   § 3. This act shall take effect immediately.